NFT infrastructure protocol Cardinal announced on Twitter: "We have decided to gradually end our agreement. This decision was made after careful consideration. Despite our best efforts to navigate the challenging macroeconomic environment since the start of construction 18 months ago, it remains difficult to find market-appropriate products. The reality is that members of our team are eager to explore other pursuits. While we have seen some practical uses for our staking, leasing, and identity products, we still feel they are confined to the backdrop of the cryptocurrency maximization community. We had hoped that other industries worldwide would begin adopting blockchain technology on a larger scale, but so far, that still feels distant."
In July of last year, Cardinal completed a $4.4 million funding round, with Solana Ventures and Animoca Brands, Alameda Research, Delphi Digital, and CMS Holdings leading the way.
Original article link: https://bitgaai.com/2023/06/29/nftjichusheshixieyicardinalxuanbujiangzhubuguantingyinhonggu/